Btc has been proven to be a store of value first and foremost, secondly a medium of exchange, & thirdly a unit of account. All these instances of bitcoins utility have been documented and verified by the global network of users. Max Keiser said in his latest max and Stacey report podcast that Bitcoin is a 100 trillion dollar asset if looked at as a store of value whilst it's only a 1 trillion dollar asset is viewed solely as a medium of exchange. So in reality it's a 401 trillion dollar asset if viewed at both a store of value and medium of exchange. I save in bitcoin and don't use it as a medium of exchange. But in 20 years when it's a million dollars per coin how can I find a way to use bitcoin for purchases goods and services? Obviously I would like to use bitcoin to buy things in the future when it's worth more but I will never sell all of it because it's the best SOV. Also we won't denominate bitcoin with dollars in the future once the dollar loses its global reserve currency status, so what will replace dollars as the denominator?
Primal > Damus
Primal is easily the better platform.
For some weird reason Damus wouldn't let me follow anyone which is why I made the transition to primal but after using primal for a few weeks there's no way I'm going back to Damus.
Gm
Stack sats
Be humble
Do cool shit
Be kind
Be creative
Is it fine to buy hype-coins w/ the hope of using profits to buy more btc and property? I don't wanna sell btc profits to buy other assets so why not capitalize on hype coin mania?
Initial nostr post is dedicated to mom dukes and poppa doc
